200 mis shares issued, 45% held by 2 big bosses, around 110 mils liquid shares in the market, as at now , trading volume already reached 65 mil liao !!
As I always said, this counter is all about fundamentals and really good company with current and future strong earnings. Good call to buy and my view is also dividend in October would be good as main sharehloders are also human beings and want some returns..
Adam Lim, where did you get this info ?? EPS for past 4 Q = 1.74, cash per share = 10ct, present share price = 62ct, PE (minus off cash per share) is (62-10) / 1.74 = 29.88 !
This is just the "past" PE ! All glove counters past PE already reaching 70-100 ! (as reference)
Ice cream best past 4 Q PE is around 3.9 (in 2016, we expect they can reach that judging by the demand for thier products going forward ! ), so at present price of 62ct, future PE ( - cash per share) is (62-10) / 3.9 = 13.33 (ONLY) !!
Present & future PE also very much under value !! This is a company with past 10 years of profit, and strong net cash , yet the only hand former company listed in Bursa that fully exposed to glove industry !!
KUALA LUMPUR (June 1): HLT Global Bhd’s share price hit limit up today as the craze for glove maker shares spilled over to the company which specialises in setting up production lines at rubber glove manufacturing plants. The company also holds a 55% stake in HL Rubber Industries Sdn Bhd which manufactures rubber gloves. HLT Global soared 50% or 29.5 sen to a record high of 88 sen. A total of 156 million changed hands in the morning trading session. The trading volume was 17 times more than its 200-day average trading volume of 9.09 million shares. HLT Global's share price has jumped more than seven times from the low of 11.5 sen in mid-March. The company’s warrants, HLT-WA, made a bigger leap. The derivatives rocketed 76% or 27 sen to 62.5 sen and were the most traded securities on Bursa Malaysia with 337 million units changing hands. HLT Global has also jumped onto the pandemic bandwagon. In April, HLT announced that it was venturing into distributing Covid-19 test kits. It said its wholly-owned unit HL Advance Technologies (M) Sdn Bhd had entered into a distributor agreement with Accobiotech Sdn Bhd for the distribution of Covid-19 rapid test kits around the world for an initial period of one year from April 20, 2020 to April 20, 2021. It is worth noting that HLT is among the list of companies which have been granted an extended deadline to submit its financial results for the quarter ended March 31, 2020 (1QFY20). The reason for the delay in submission was not known. HLT Global said it will utilise the extension of time granted by Bursa and the results are expected to be released by June 30. For the financial year ended Dec 31, 2019 (FY19), the company managed to turn profitable, posting a net profit of RM4.68 million, compared to a net loss of RM26.1 million for FY18, on higher revenue. Its top line grew 12% to RM144.43 million from RM128.78 million. However, HLT Global incurred a net loss for 4QFY19 of RM2.19 million, though it was narrower against RM19.84 million for the corresponding quarter a year ago. The company’s quarterly revenue shrank 27% to RM29.72 million from RM41.21 million due to a decline in revenue from its rubber glove segment.
I just read this, HLT & LKL actually quite risky investment !! can be trap for novice investors ! Ice cream's balance sheet & track record are much more solid !!
We don't just blindly invest in their business (glove, health care etc), we must also check whether the management can turn their lucrative business into profit and do not screw up !! How is their ASP comparing to their competitors ? Are they just cutting price to fight market until making huge loss ? Are they lousy in control their costing & have huge financial charges until making loss ?
"Come back to ice cream here, if they are still the biggest manufacturer of hand formers IN THE COUNTRY & PROBABLY IN THE WORLD as reported 10 years ago, then this company could be enjoying the best hefty profit period of their life time !!
Biggest and only listed in bursa, they might enjoy near-monopoly or duo-poly market in hand formers sector ! Almost all rubber glove factories in malaysia & thailand have to order from ice cream for hand formers, because at this glove-demanding urgent time, ALL glove factories in this region (malaysia & thailand) expand their capacity, running hard at their hand formers and surely spoiling more, demand for hand formers will definitely rise ! nobody or few existing readymade factory can mass deliver this special products to glove manufacturer !! They are the hand formers KING, they dictate the price lah !! "
Put in simple :- all glove makers need to order form them or another competitor(not listed) in malaysia !! whereas we have so many glove makers fighting for market share !!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shadowz
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Posted by shadowz > 2020-06-01 11:58 | Report Abuse
For share price below RM1.00 stocks, the limit up price is +30cents